ryan1337

Member
28
Posts
124
Reputation
Dec 9, 2016
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Recent posts
  • Fighting it without any effects is much worse than not doing anything. I'm sure some countries have thought of it, but analysis has proven it to be not worth it. Bitcoin is not threatening to destabilize the government,…

  • I doubt there can even be and will ever be something like a fair taxation in the US. Maybe we should first define what is "fair". For one person a fair taxation will be 1%, for another 20% and for me personally no %…

  • If something is not illegal, as in added to the code of law, it is legal. For bitcoin to become illegal there would have to be established laws against it. If there are no such laws, it's completely legal, and since law…

  • It's the same in most countries and all across the EU. You can accept the inheritance or not. If taxes owed from accepting something would be higher than the value of that thing you can refuse to inherit it and not have…

  • Even the term itself can be understood differently depending on where you are and what your status is. Someone running a business in the US who earns over $100k a year will see a $50k bitcoin as good long term…

  • This isn't true. You can hide the payments you receive in cryptocurrencies but you can't hide the fiat money obtained by converting them on exchanges and most merchants use automated processors to do it. I don't know…

  • I don't think there's going to be one, since bitcoin became a political leverage. Look what's going on on the political scene in the US. They're starting their presidential campaigns and a some candidates are using…

  • You should also listen to the part where he's being questioned by Waren Davidson, who not only makes Gensler sweat in his seat, but also proposes to remove him from his position. In short, Gary Gensler is asked about…

  • So, I won't tell you anything about the price because it's literally impossible to tell what bitcoin will be trading at in 6 years, but what I can tell you is bitcoin will survive. It will still be here and will be…

  • As I recall Jihan was removed first because he lost a lot of money for the company by agreeing to mine BCH with Roger Ver. Ver sold Wu on the idea that BCH would be the next Bitcoin and if they managed to get more value…

  • I agree with the author that there are two sides of regulation and there will always be those who embrace it and want to run a legal business and pay taxes. I'm more on the purists' side and believe that we don't need…

  • This is very interesting because they moved back that $2k and then some other articles claim that they send 500BTC worth $28m to exchanges today. Why would they take back 2k and days later send 25% out to be sold? Makes…

  • According to the Forbes article they pulled back ~2k BTC but the amount they sent to exchanges was 7800 BTC. The rest was sold and caused the liquidations and the drop in spot price. They did not buy back anything.…

  • So, as most of you probably know, the recent dip was mainly due to two things. First off, the German government offloaded nearly $400 million in bitcoins, which led to a wave of long position liquidations. Because of…

  • So? Even if they go bankrupt it doesn't mean they will dump all of it on centralized exchanges to crash the market. Only scammers like Do Kwon are this dumb. I don't expect a real company that's this big to make a move…

  • Everything is legal until the appropriate laws that make it illegal are established. Since the law decides what is and isn't legal, if there are no laws that say BTC can not function without proper regulations it…

  • Bad choice. In a bear market it's bitcoin that always holds the most of its value. Altcoins get wasted. Someone who was involved since 2013 should know that. Wallets should be secured by passwords. Did they force you to…

  • Makes you wonder why they chose Poland. It's well known as one of the countries where crypto companies are not welcome. I remember reading about their biggest exchange Bitbay moving to Malta because it was being…

  • Most of us here are below 50. Imagine having almost 100 years behind you. That's a lot of time in traditional finances. We're talking about people who were older than many of us bitcoin holders when Hitler was on the…

  • It's all external manipulation, not internal problems of the bitcoin network. The same external manipulation could make bitcoin go to 120k next month. You see bitcoin fall because traditional markets were spooked by…